Passed in 2004, the Pennsylvania Race Horse Development and Gaming Act was designed to greatly benefit Pennsylvanians by ensuring gaming jobs and gaming revenue aid local organizations and residents. Just a few of the benefits are noted below.
- Across Pennsylvania, the gaming industry has created more than 16,000 living wage jobs.
- For every dollar produced as revenue, slot machine play returns 54¢-55¢ to Pennsylvanians (see breakdown here)
In Erie County, Pa., a full 1% of the annual gross revenue of Presque Isle Downs and Casino returns to Erie residents.
Erie County government receives the first ½% and uses it to underwrite bonds for transformational projects, such as the Erie International Airport, Tom Ridge Field runway extension and upgrades to Erie Insurance Arena.
The second half ½% of Erie County’s gaming revenue has been entrusted to the Erie County Gaming Revenue Authority to invest in projects and initiatives that invigorate the Erie County, Pa., economy.